Loan Types

Every loan type, explained in plain English.

Whether you're buying your first home, investing in property, or looking for a specialist loan, Payless Mortgages Brisbane searches across a comprehensive panel of lenders to find the right structure for your situation.

Your Goal

Wherever you are on the property ladder, we'll find the right loan structure for your specific situation.

Buying First Home

Navigate the Queensland First Home Owner Grant, stamp duty concessions, and deposit options. We'll tell you exactly what you qualify for before you make an offer.

  • Queensland First Home Owner Grant ($30,000 for new builds)
  • Stamp duty concession up to $8,750
  • First Home Guarantee (5% deposit, no LMI)
  • Family Home Guarantee for single parents

Property Renovation

Access the equity in your current home to fund renovations — from a kitchen upgrade to a full knock-down-rebuild. We structure it to suit your project timeline.

  • Construction and renovation loan options
  • Redraw and offset facilities to manage draws
  • Access up to 80% of current property value
  • Interest-only during construction available

Refinancing a Loan

See what you're actually paying versus what you could be. We run a full comparison across our lender panel to find real savings — not just a teaser rate.

  • Rate comparison across a broad lender panel
  • Cashback offers available from selected lenders
  • Debt consolidation into your mortgage
  • No-cost appraisal of your current loan

Investing in Property

From your first investment to a multi-property portfolio. We structure for cash flow, tax efficiency and future serviceability — not just the first purchase.

  • Interest-only periods to maximise cash flow
  • Portfolio structuring across multiple lenders
  • Cross-collateralisation advice
  • Negative gearing and depreciation strategy

Loan Types

Specialist loan products that open doors conventional mortgages can't. We compare across the full panel to find the best fit.

Home Guarantee Scheme

The Australian Government's Home Guarantee Scheme allows eligible buyers to purchase with as little as 2-5% deposit — without paying LMI. Places are limited each financial year.

  • First Home Guarantee — 5% deposit, no LMI
  • Regional First Home Buyer Guarantee
  • Family Home Guarantee for single parents (2% deposit)
  • Limited places — act early in the financial year

Green Home Loans

Energy-efficient properties and EV purchases can unlock discounted interest rates with select lenders. A green loan rewards sustainability with lower ongoing costs.

  • Discounted rates for 7-star+ rated homes
  • Solar, battery and EV add-on finance
  • Green upgrades loan attached to your mortgage
  • Select lenders offering up to 0.7% rate discount

No Deposit Home Loans

Zero-deposit options exist for eligible buyers using guarantor support, equity in another property, or government schemes. Not every lender offers these — we know who does.

  • Guarantor loans using family equity
  • Equity in existing property as deposit
  • Government guarantee schemes (no LMI)
  • Specialist lenders for high-LVR borrowers

Home Equity Loans

Your home's equity can fund renovations, investments, education or any large purchase. We find the most efficient structure — line of credit, cash-out refinance or split loan.

  • Access equity without selling
  • Line of credit for flexible ongoing access
  • Cash-out refinance for lump sum needs
  • Split loan to keep your existing rate

Home Loans For

Some professions and employment types face unique lending challenges. We know which lenders offer preferential treatment — and we'll put you in front of them.

Home Loans for Doctors

Medical professionals are among the most preferred borrowers in Australia. Many lenders offer LMI-free loans up to 90-95% LVR for registered doctors, dentists and specialists.

  • LMI waived up to 90-95% LVR for doctors
  • Discounted professional packages
  • Higher income recognition for specialists
  • Suitable for interns, residents and registrars

Self-Employed Home Loans

If you've been told 'no' because of self-employment, you haven't spoken to the right broker yet. We work with lenders who understand business income — not just payslips.

  • Low-doc options for 1-2 years of ABN history
  • Alt-doc for recent self-employed borrowers
  • Accountant letter or BAS-based assessment
  • Non-bank lenders with flexible assessment

Home Loans for Nurses

Nurses and healthcare workers often qualify for LMI waivers, professional discounts and higher LVR lending. We match you with the lenders who value your profession.

  • LMI waivers for registered nurses up to 90% LVR
  • Shift allowances and overtime fully recognised
  • Professional package discounts
  • Suitable for public and private sector nurses

Home Loans for Accountants

Accounting professionals qualify for specialist lending packages at major banks and non-bank lenders. Your income structure and profession work in your favour.

  • LMI waivers for CPA and CA-qualified accountants
  • Professional package rate discounts
  • Recognition of trust and company structures
  • Partnership income correctly assessed
Not sure which loan suits you?

Start with a free 90-second Loan Check.

Tell us about your situation and we'll match you to the right loan type and lender — no obligation, no credit impact.